Monday, 22 September 2014
Last updated 2 days ago
Jan 15 2008 | 2:24pm ET
BlackRock co-founder Keith Anderson has joined Soros Fund Management as chief investment officer. Anderson, who left BlackRock last month, replaces firm founder George Soros’ son, Robert, in the post. He starts next month.
“Keith will assume responsibility for managing all investment activities at Soros Fund Management,” Robert and Jonathan Soros, the deputy chairmen of the firm, wrote to investors.
Robert Soros continues to manage money at his father’s firm. SFM’s $17 billion Quantum Endowment Fund enjoyed a 32% return last year after George Soros returned to a more active role in the fund’s investments.
At BlackRock, Anderson was head of global fixed income and managed the firm’s fixed-income hedge fund, Obsidian.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.